2026-08-21T14:08:18-05:00 2025-12-31 390747409 REILLY PENNER & BENTON LLP 1233 NORTH MAYFAIR RD SUITE 302 MILWAUKEE WI 532263255 990 2025-01-01 391418947 GENEVA LAKE CONSERVANCY INC GENE 2622755700 PO BOX 588 FONTANA WI 53125 NINA OWEN TREASURER 2622755700 2026-08-18 1 KATHERINE HOFFMAN P01458876 4142717800 2026-08-18 2025 2025-03-06 01:10:19Z DONALD J PARKER JR PO BOX 588 FONTANA WI 53125 2275310 0 X GENEVALAKECONSERVANCY.ORG X 1982 WI TO PRESERVE AND ADVOCATE FOR WALWORTH COUNTY WATERWAYS, NATURAL AREAS AND WORKING LANDS. 20 20 9 45 0 0 1706694 2012094 0 0 38921 50235 113964 -63025 1859579 1999304 0 0 0 0 384265 424006 0 0 112265 294075 417236 678340 841242 1181239 1158062 5276427 6485923 13839 15045 5262588 6470878 TO PRESERVE AND ADVOCATE FOR WALWORTH COUNTY WATERWAYS, NATURAL AREAS AND WORKING LANDS. 0 0 522595 THE GENEVA LAKE CONSERVANCY PROMOTES LAND AND WATER USE POLICIES THAT PROTECT THE NATURAL ENVIRONMENT AND THE QUALITY OF LIFE IN WALWORTH COUNTY AREA. THE CONSERVANCY HAS WORKED DILIGENTLY WITH DEVELOPERS IN THE PLANNING STAGES OF DEVELOPMENTS AND IS HELPING BRING AWARENESS TO CONSERVATION SUBDIVISIONS. OTHER THAN ADVOCATING ITS VIEWS BEFORE LOCAL GOVERNMENT ENTITIES, THE CONSERVANCY DOES NOT ENGAGE IN LEGISLATIVE ADVOCACY. THE GENEVA LAKE CONSERVANCY WAS ACCREDITED BY THE LAND TRUST ACCREDITATION COMMISSION IN 2024. THE IS AWARDED TO LAND TRUSTS THAT MEET THE HIGHEST NATIONAL STANDARDS FOR EXCELLENCE AND CONSERVATION PERMANENCE. 522595 1 1 0 0 0 0 1 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 13 0 1 9 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 20 20 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 WI IL X JODI KAROW 2622755700 PO BOX 588 FONTANA WI 53125 DON PARKER JR CHAIR 6.00 X X 0 0 0 TOM NICKOLS VICE-CHAIR 6.00 X X 0 0 0 KEVIN BRUNNER PAST CHAIR 6.00 X X 0 0 0 NINA OWEN TREASURER 6.00 X X 0 0 0 KRISTEN FREYTAG SECRETARY 6.00 X X 0 0 0 MARY ALDINGER CONSTABLE DIRECTOR 6.00 X 0 0 0 MARK ASCHLIMAN DIRECTOR 6.00 X 0 0 0 STEVE DIAMOND DIRECTOR 6.00 X 0 0 0 KATE GARDINER DIRECTOR 6.00 X 0 0 0 KEVIN GOGGIN DIRECTOR 6.00 X 0 0 0 TOM GRAY DIRECTOR 6.00 X 0 0 0 BRUCE JOHNSON DIRECTOR 6.00 X 0 0 0 CATHLEEN JOHNSON DIRECTOR 6.00 X 0 0 0 MARK LICHT DIRECTOR 6.00 X 0 0 0 CINDY MILOJEVIC DIRECTOR 6.00 X 0 0 0 JD OLSON DIRECTOR 6.00 X 0 0 0 JEFF OLSON DIRECTOR 6.00 X 0 0 0 KAREN RAPPAPORT DIRECTOR 6.00 X 0 0 0 JOHN ST PETER DIRECTOR 6.00 X 0 0 0 SUSAN STEEL DIRECTOR 6.00 X 0 0 0 KAREN YANCEY EXECUTIVE DIRECTOR 40.00 X 110484 0 3120 110484 0 3120 1 0 0 0 0 289167 1722927 156978 2012094 27291 27291 130764 107820 22944 22944 22944 101195 289167 168186 -66991 -66991 MISCELLANEOUS REVENUE 900099 3966 3966 3966 1999304 0 0 -12790 111983 55992 33595 22396 275496 155509 89536 30451 6268 3567 2049 652 30259 16528 9620 4111 17674 7645 5423 4606 9090 3932 2789 2369 3672 3672 55552 24030 17047 14475 2575 1287 747 541 57582 22308 13066 22208 15417 7544 4512 3361 5089 3267 1057 765 10764 6351 2691 1722 17376 6213 11163 13740 6870 3985 2885 LAND MANAGEMENT 143112 143112 REPAIRS AND MAINTENANCE 57388 54338 3050 MEMBERSHIPS AND SUBSCRI 8205 4102 2380 1723 841242 522595 206382 112265 62509 319522 893459 1471557 12460 32398 8416 13514 3885582 199166 3447578 3686416 852005 675784 286732 5276427 6485923 13839 15045 13839 15045 X 1033222 2296362 4229366 4174516 5262588 6470878 5276427 6485923 1158062 50228 0 X 0 1 X 1 0 X 1075716 771243 526651 624930 1012094 4010634 1075716 771243 526651 624930 1012094 4010634 847179 3163455 4515 14209 25315 38921 50235 133195 3966 3966 4147795 101195 0.76270 0.80470 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X 162 3377.49 1 1 400.00 3457441 3457441 236718 147253 89465 25316 16505 8811 166107 35408 130699 3686416 X 2109521 50228 50228 2059293 3672 -63661 -59989 1999304 901231 63661 63661 837570 3672 3672 841242 PART II, LINE 9: PURCHASES OF LAND ARE RECORDED AT COST OR, IF DONATED, AT THE ESTIMATED FAIR VALUE ON THE DATE OF DONATION. SUCH DONATIONS ARE REPORTED AS SUPPORT WITHOUT RESTRICTION UNLESS THE DONOR HAS RESTRICTED THE DONATED ASSET TO A SPECIFIC PURPOSE. ASSETS DONATED WITH EXPLICIT RESTRICTIONS REGARDING THEIR USE, AND CONTRIBUTIONS OF CASH THAT MUST BE USED TO ACQUIRE PROPERTY ARE REPORTED AS RESTRICTED SUPPORT. ABSENT DONOR STIPULATIONS REGARDING HOW LONG THOSE DONATED ASSETS MUST BE MAINTAINED, THE CONSERVANCY REPORTS EXPIRATION OF DONOR RESTRICTIONS WHEN THE ASSETS ARE PLACED IN SERVICE AND RECLASSIFIES NET ASSETS WITH DONOR RESTRICTION TO NET ASSETS WITHOUT DONOR RESTRICTION AT THAT TIME. LAND HELD FOR CONSERVATION IS ASSESSED ANNUALLY FOR IMPAIRMENT. THE CONSERVANCY SOLICITS DONATIONS OF CONSERVATION EASEMENTS AND LAND HELD FOR CONSERVATION IN WALWORTH COUNTY. THE CONSERVANCY ALSO ACQUIRES LAND AND CONSERVATION EASEMENTS BY PURCHASING DEVELOPMENT RIGHTS. UNDER THE CONSERVATION EASEMENTS (WHETHER DONATED OR PURCHASED), OWNERS RETAIN OWNERSHIP AND CONTROL OF THE PROPERTY SUBJECT TO LIMITATIONS ON USE AND CONSERVATION PROTECTIONS SUCH AS RESTRICTIONS ON THE BUILDING OF ADDITIONAL DWELLINGS AND SUBDIVISION OF THE PROPERTY. THE CONSERVANCY IS OBLIGATED TO DEFEND THE EASEMENTS AGAINST ANY POSSIBLE FUTURE LITIGATION. PART X, LINE 2: THE CONSERVANCY IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE U.S. INTERNAL REVENUE CODE. THE CONSERVANCY IS NOT CONSIDERED A PRIVATE FOUNDATION BY THE INTERNAL REVENUE SERVICE. THE CONSERVANCY DOES NOT CONSIDER ANY OF ITS SUPPORT AND REVENUES TO BE UNRELATED BUSINESS INCOME AND, ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN PROVIDED IN THE ACCOMPANYING FINANCIAL STATEMENTS. THE CONSERVANCY HAS IMPLEMENTED ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES IN ACCORDANCE WITH U.S. GAAP. THIS STANDARD DESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN AND ALSO PROVIDES GUIDANCE ON VARIOUS RELATED MATTERS SUCH AS DERECOGNIZING, INTEREST, PENALTIES AND DISCLOSURES REQUIRED. MANAGEMENT OF THE CONSERVANCY EVALUATES THE UNCERTAIN TAX POSITIONS TAKEN, IF ANY, AND CONSULTS WITH OUTSIDE COUNSEL AS DEEMED NECESSARY. THE CONSERVANCY RECOGNIZES INTEREST AND PENALTIES, IF ANY, RELATED TO UNRECOGNIZED TAX LIABILITIES IN INCOME TAX EXPENSE. HOLLY BALL 339134 263159 75975 38942 8469 27907 5755 23602 SUMMER EVENT - REFLECTIONS ON WATER 30707 11476 19231 10216 700 14379 10277 4 20521 14532 5989 13081 2600 12258 390362 289167 101195 49158 9169 55367 8355 46137 168186 -66991 X 3 107820 FMV AT DATE ACQUIRED X AUCTION PRIZES 104 49158 FMV ESTABLISHED BY D 0 0 0 FORM 990 PART IV LINE 7 SCHEDULE D PART II LINES 2A AND 2B REGARDING THE NUMBER OF EASEMENTS, 2025 ACCOUNTING FIRM IS USING THE NUMBER OR PARCELS, WHEREAS THE 2024 ACCOUNTING FIRM RELIED ON THE NUMBER OF OWNER/DONOR PROPERTIES. THIS CAUSES A SIGNIFICANT CHANGE IN THE NUMBER OF UNITS. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED AND APPROVED BY MEMBERS OF THE BOARD BEFORE THE RETURN IS FILED. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY, ALL DIRECTORS, OFFICERS AND EMPLOYEES ARE ASKED TO COMPLETE AND SIGN A STATEMENT THAT DISCLOSES INTERESTS THAT COULD GIVE RISE TO CONFLICT. THE SIGNED STATEMENTS ARE REVIEWED BY THE MEMBERS OF THE BOARD. ANY PERSON WITH A CONFLICT IS PROHIBITED FROM PARTICIPATING IN THE BOARD'S DECISION IN THE TRANSACTION. FORM 990, PART VI, SECTION B, LINE 15A THE BOARD REVIEWS EXECUTIVE COMPENSATION AND COMPARES TO SIMILAR POSITIONS. COMPENSATION IS NOTED IN THE MINUTES TO THE BOARD MEETINGS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.